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Oracle Signs Version One to Deliver Integrated Document Management and Imaging Solutions

26th Jul 2005
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Oracle Corporation has appointed Version One, the award-winning document management, imaging and OCR solutions developer, to provide a complete software solutions portfolio to integrate with Oracle E-Business Suite Financials. Aimed at corporate finance departments, the solutions will harness on the growing demand for content management, fueled by the rapid growth of data, compliance and risk issues.

David Callaghan, Vice President for Channels and Solutions, Oracle Corporation UK and Ireland said, "Oracle is pleased to build on the long-standing relationship it has with Version One in delivering Document Management and Imaging solutions. We see clear advantages for global Oracle customers in using the product portfolio, including proven productivity gains and return on investment. Version One's approach and commitment to working with Oracle partners strengthened the decision to formalise the relationship.'
According to Tony Bray, Sales and Marketing Director of Version One, 'We are delighted to have formed this alliance with the Oracle Corporation. This builds on the significant number of joint clients who have implemented Version One's document management and imaging solutions on Oracle platforms, who are realising considerable business benefits. We believe that, together with the Oracle Corporation, we can further develop the huge opportunities in document management and imaging software.'
With the growing demand worldwide for powerful document management and imaging solutions, Version One and Oracle are well positioned to become the solution leader. Version One's expertise in seamlessly integrating innovative document management solutions for corporate finance departments, coupled with Oracle's world class financial software, means that enterprises now have a solution that can support the complex and demanding document management needs of their businesses. Existing users quote savings of over £250,000 per annum, as well as dramatic increases in productivity.
Derek McGain, Technical Director for Version One, added, "Whilst we already have a number of Oracle E-Business Suite Financials customers in both the public and private sectors, this initiative has been catalytic in enabling our development team to take advantage of the native Oracle platform. It has accelerated our ability to deliver increased time and cost saving software to our Oracle community."

Version One clients include: Boots Company plc, British Medical Association, Dixons, ICI, Leicestershire Constabulary, Morgan Cars, Office of Parliamentary Commissioners, RNIB, Scottish Power plc, Serious Fraud Office and the University of Brighton.

- ENDS -

Notes to editors

About Version One
Version One Ltd, a rapidly growing company established in 1989, is the author of a range of document management and imaging software solutions. Tightly integrated into the Oracle Financials product portfolio, Version One's range of modules combine sophisticated and powerful functionality with a very fast return on investment.

Version One Ltd is officially named as one of the fastest-growing technology companies in Europe, Middle East and Africa (EMEA) in the 2004 'Deloitte European Technology Fast 500 Awards'. Version One's leading document management system - DbArchive - was a National Gold Award winner in the Green Apple Environmental Awards for Commerce and Industry 2004. By automatically archiving electronic copies of all outgoing and incoming business documents, DbArchive saves dramatic amounts of time and money.
For more information, visit http://www.versionone.co.uk
'Version One,' 'DbArchive', 'DbFax', 'DbForm' and 'DbMail' 'DbCapture' are trademarks of Version One Ltd. References to other companies and their products use trademarks owned by the respective companies and are for reference purpose only.

Contact:

Adam Lucas
+44 (0)1625 856500 or 07917 634705

[email protected]

http://www.versionone.co.uk/

About Oracle

Oracle is the world's largest enterprise software company. The Oracle Partner Network is a global business network of more than 15,000 companies that deliver innovative enterprise software solutions based on Oracle software.
Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle Partner Network provides partners with the resources they need to be successful in today's Internet economy.

For more information about Oracle, visit http://www.oracle.com

Trademarks
Oracle, JD Edwards, and PeopleSoft are registered trademarks of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

For a photo of Mr. David Callaghan, Vice President for Channels and Solutions, Oracle Corporation UK and Ireland visit:
http://www.versionone.co.uk/images/davidcallaghanoracle.jpg

For a photo of Mr. Tony Bray, Sales and Marketing Director for Version One Limited visit
http://www.versionone.co.uk/images/tonybray.jpg

For a copy of the Oracle Partner logo visit:
http://www.versionone.co.uk/images/oraclepn.gif

For a copy of the Version One logo visit:
http://www.versionone.co.uk/images/newsletter/newlogo.gif

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